The new public protector says she will leave the dispute over the state capture report prepared by h.
FIFA general secretary Jerome Valcke hopes Portsouth's financial troubles send a wake-up call to world football over high levels of debt.
As a new UEFA study showed that the total assets of Premier League clubs were almost half of that of all Europe's clubs combined, Valcke asked how a team in the world's richest league could be on the verge of going into financial administration. Bottom-place Pompey reportedly has debts of £70 million (R834 million) and are set to be deducted nine points if they enter administration - a form of bankruptcy protection - tomorrow.
Pompey will go into administration unless a buyer comes forward before then to allow the club to avoid a winding-up hearing at the High Court on Monday. Premier League executives have told Pompey owner Balram Chainrai that they will not advance payments to bail out the club, which won the FA Cup less than two years ago by strengthening the squad beyond its means.
"If you talked about another league I would say fair enough, but this is the richest league in the world. What's the reason?" Valcke said at Sun City yesterday. "It's because the club was badly managed, they ran it to win titles by buying players and getting more in debt every day. It's a mix-up of everything, not just the global financial situation."
UEFA president Michel Platini is pushing for a system in which clubs that spend beyond their means will be prevented from playing in the Champions League and Europa League. Bafana Bafana captain Aaron Mokoena is also Pompey's skipper. - Sapa-AP